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DRI
Benzinga
151 days

Darden Restaurants Olive Garden Growth Drive Optimism Amid Valuation Concerns: Analyst

1. DRI's Q3 sales of $3.158 billion missed estimates. 2. Analysts maintain Outperform ratings with raised price targets. 3. Fourth-quarter same-store sales trends improved to over 3%. 4. EPS guidance for Q4 is $2.88-$2.95, matching consensus. 5. Concerns remain on consumer sentiment affecting growth sustainability.

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FAQ

Why Bullish?

Analysts' optimistic outlook and price target upgrades indicate positive market sentiment. However, Q3 sales miss tempers expectations.

How important is it?

The article highlights crucial earnings performance and market sentiment, directly affecting DRI's stock price.

Why Short Term?

The positive market reactions and EPS guidance will likely affect DRI stock in the near future.

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